What are systematic risks faced by Starbucks Coffee, its economic outlook, and a plan that may be implemented to mitigate risks? Specifically, the following critical elements must be addressed:

a. Identify the types of economic risk that certain broad varieties of activities expose business entities to.

b. Identify and describe two areas of your chosen firms operations that are subject to a significant economic risk of each of the following: idiosyncratic, systematic, and systemic varieties.

c. Identify specific macroeconomic variables that are associated empirically with an increase in the identified varieties of risk, and which may indicate an increase or decrease in systematic and systemic risk specifically.

d. Graphically and/or mathematically illustrate a movement in macroeconomic variables that would theoretically be associated with this risk.